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What if interet rate hikes are good for stock market?
The US Federal Reserve raised interest rates by 75 basis points. This comes after a 75-basis-point hike last month, bringing the policy rate to a range of 2.25% to 2.5%.
Reuters titled the news “Fed jacks rates again, Powell vows no surrender in inflation battle”. Battling inflation and higher interest rate, this looks bad, right?
Not at all!
Just on the day, the US stocks rallied with the S&P 500 gaining 2.6% and the Nasdaq gaining 4.06%.
Here is what I think.
https://www.sgmoneymatters.com/interest-rate-hi...
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If control assests is the goal, should SG have also raise mortgage rates in the last few years, in addition to ABSD? there seems to be only property heating in last few years.
Currently many businesses and individuals are still struggling and SG gov has not done any QE. so why would there SG also raise interests?
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- As an investors, we should not be too concern about the macroeconomic.
- We can never predict ...
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